Key findings: P3041.2 - Manufacturing: Production and sales, July 2022

Production: results for July 2022

 

Manufacturing production increased by 3,7% in July 2022 compared with July 2021. The largest contributions were made by the following divisions:

·        food and beverages (9,7% and contributing 2,0 percentage points); and

·        motor vehicles, parts and accessories and other transport equipment (12,1% and contributing 1,1 percentage points).

 

Seasonally adjusted manufacturing production decreased by 0,2% in July 2022 compared with June 2022. This followed month-on-month changes of -2,0% in June 2022 and 0,4% in May 2022.

 

Seasonally adjusted manufacturing production decreased by 4,2% in the three months ended July 2022 compared with the previous three months. Seven of the ten manufacturing divisions reported negative growth rates over this period.

 

The largest contributions were made by the following divisions:

·        petroleum, chemical products, rubber and plastic products (-8,6% and contributing -1,9 percentage points);

·        food and beverages (-3,4% and contributing -0,8 of a percentage point); and

·        motor vehicles, parts and accessories and other transport equipment (-6,3% and contributing -0,6 of a percentage point).

 

Sales: results for July 2022

 

Seasonally adjusted manufacturing sales decreased by 0,2% in July 2022 compared with June 2022. This followed month-on-month changes of -0,2% in June 2022 and 3,1% in May 2022.

 

Seasonally adjusted manufacturing sales increased by 1,2% in the three months ended July 2022 compared with the previous three months. The largest contributions were made by the following divisions:

·        food and beverages (3,5% and contributing 0,8 of a percentage point); and

·        petroleum, chemical products, rubber and plastic products (2,9% and contributing 0,6 of a percentage point).